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Property profile & analytics
OFF-MARKET
Commercial real estate

Falcone Ln Charlestown, RI 02813

8.07 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.07-acre commercial parcel presents a rare opportunity for development in Charlestown, Rhode Island. Strategically located on Route 1 and Falcone Lane, this property boasts unparalleled visibility and accessibility, ensuring high traffic exposure for any business. Situated within Charlestown's vibrant Business District, the land is zoned for a variety of commercial uses, offering considerable flexibility for potential buyers. The Traditional Village District zoning allows for a wide range of development possibilities, making this an ideal location for businesses seeking a prominent presence in a thriving community. The expansive acreage provides ample space for large-scale projects or the potential for subdivision into smaller lots. This property's prime location and zoning flexibility make it an attractive investment for developers, entrepreneurs, and businesses seeking to establish or expand their operations. The seller is open to exploring potential financing options, making this an even more compelling opportunity. Don't miss this chance to acquire a highly visible and versatile commercial property in a desirable Rhode Island location. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Lot 8.07 ac (351,529 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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